Shearwater Share Discussion Threads

[jbravo2] 04/6/2021 09:05

There is at last a decent enough supply of stock (over 20k shares) but it is at or over 223
I guess 20k shares is decent enough when there’s only 10m shares in free float

[earwacks] 04/6/2021 08:15

I suspect it is mostly a matter of the market acknowledging the last trading surge update which clearly demonstrates how undervalue SWG got and enabled us to have a proper pe ratio and forecast. It almost looks unreal the share price at the moment, but quite honestly if growth continues at current rate Bergerens target of £3.80 is not looking at all unrealistic IMO

[jbravo2] 03/6/2021 18:25

Well, we’ll get a better idea after the presentation on the 8th hopefully!

[boadicea] 03/6/2021 17:13

Perhaps my expectations are delightfully pessimistic!

[jbravo2] 02/6/2021 17:25

I think consolidation is going to happen 2.40-2.60
There’s plenty of history there although admittedly a bit further back than your suggestion

[boadicea] 02/6/2021 17:19

I should be quite happy to see it consolidate around 205p for a while - perhaps form a reassuring pennant, eg 211/199p range settling to ~205p over a few weeks. That would give a good base for advance on next news.

[jbravo2] 02/6/2021 16:51

SWG presenting on 8th June

[solarno lopez] 02/6/2021 16:50

hahahaha thank you

[pinemartin9] 02/6/2021 16:32

Keep posting Lopez, it seems to have a positive impact!

[solarno lopez] 02/6/2021 12:15

sorry everyone it dropped after my positive post !

[solarno lopez] 02/6/2021 12:07

Nice move once again

[jh59] 01/6/2021 20:02

Having nearly bankrupted myself averaging down to £1.68, I hope my confidence will continue to be justified!

[zico01] 01/6/2021 17:19

Fantastic rise ...

[boadicea] 01/6/2021 15:07

The easy part of the climb is probably nearly over and in the absence of significant news I would expect some resistance over the next leg towards 250. It would probably be a good thing to have a period of consolidation until next news which may be the preliminary results in late July. However contract news can come at any time and with confidence obviously growing the response would likely be considerable.

[chrisdgb] 01/6/2021 14:53

nice...........

[husbod] 01/6/2021 13:31

Goodness back over £2. It won't last.Still mightily in the red.

[jbravo2] 01/6/2021 13:30

Yes, any small volume moves the price as there really aren't many sellers a these prices

[tnt99] 01/6/2021 12:36

Think this is on a healthy climb now back up to 3.50

[rmillaree] 27/5/2021 15:24

I think this year was always going to be the transition year - with all recent prior years being losses and hopefully £3 mill net profit being expected this year that is a proper transformation. In some respects though i don't blame the market for not fully believing these profits will materialise until the company has suficiently assured the market that the numbers are in the bag. Note with regard to the latest trading update unfortuantely all that did was take some income out of what is the current year and bump up the year just finished - i know the £3 mill quoted amount above existed before that update.

"The Group noted numerous positive signs of returning business confidence, including the early commencement of the previously announced £3.6m project to monitor and provide support to next generation mobile communications which had initially been scheduled to commence in Q1 FY22."

does anyone know if there are any updated broker notes for ye 31/3/2022 since the 22/4/2021 update? The £3million figure i have is taken from stokopedia so its not clear to me where that figures has come from and if its up to date or not. I doubt we will get much of a clue until we reach the halfway point unless the interm progress is either excellent or poor.
I much prefer companies that specifically guide a range each time they update in year.

[pinemartin9] 27/5/2021 12:49

Was massively undervalued, bullish chart patters, tightly held, good recent update. Maybe something behind the scenes. Either way, enjoy the ride!

[thaiger] 27/5/2021 12:47

Spread is narrowing and share price moving up a lot recently on no new news, what's up?!?